$675,000
$140K PRICE DROP

202 E Main St Twin Lakes, WI 53181

Estimated payment $4,297/month

Total Views 7,567
-- Bed
-- Bath
8,080 Sq Ft
$84 Price per Sq Ft

Highlights

  • 0.9 Acre Lot
  • Display Windows
  • 3-minute walk to Lance Park

About This Home

This premier commercial space offers 8,080 square feet on the first floor, currently leased to a well-established health club with a long-term lease, providing stable and consistent cash flow. Located in the rapidly developing Twin Lakes area, just minutes from Lake Geneva and the WI/IL border, this property presents a unique opportunity for investors looking for a reliable income stream in a prime location. With commercial zoning in place, the property offers flexibility for future development or expansion, making it a highly attractive asset with significant growth potential.

Listing Agent

Juan Martinez

Compass Wisconsin-Lake Geneva License #78255-94 Listed on: 05/09/2025

Compass Wisconsin-Lake Geneva

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,827

Lot Details

  • 0.9 Acre Lot

Parking

  • 4 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 8,080 Sq Ft Home
  • Display Windows

Community Details

  • Office

Listing and Financial Details

  • Assessor Parcel Number 8541192113525

Property Details

Property Type

Other

Est. Annual Taxes

$6,827

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.9
  • Road Frontage Type: Town/City Road
  • Directions: Main St in Twin Lakes on the corner of Strickland and Main
  • Property Information:Est Total Sq Ft: 8080
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 4

Utilities

  • Green Building Features: Display Window, Rest Rooms, Office(s), Other
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 39204
  • Parcel #: 8541192113525

Tax Info

  • Tax Annual Amount: 6827
  • Tax Year: 2024

Map

Range of Values:

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,827 $403,500 $85,500 $318,000
2023 $8,897 $365,500 $68,700 $296,800
2022 $8,749 $365,500 $68,700 $296,800
2021 $9,164 $365,500 $68,700 $296,800
2020 $10,215 $365,500 $68,700 $296,800
2019 $9,544 $365,500 $68,700 $296,800
2018 $9,044 $335,000 $68,700 $266,300
2017 $7,573 $291,000 $68,700 $222,300
2016 $13,135 $504,000 $68,700 $435,300
2015 $11,707 $504,000 $68,700 $435,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 Price Changed $1,995,000 +195.6% $95 / Sq Ft
07/09/2025 07/09/25 Price Changed $675,000 +237.5% $84 / Sq Ft
07/09/2025 07/09/25 Price Changed $200,000 +11.1% $66 / Sq Ft
07/09/2025 07/09/25 Price Changed $180,000 -92.1% $84 / Sq Ft
06/09/2025 06/09/25 Price Changed $2,284,900 +213.2% $109 / Sq Ft
06/09/2025 06/09/25 Price Changed $729,500 +224.2% $90 / Sq Ft
05/09/2025 05/09/25 For Sale $225,000 +21.6% $74 / Sq Ft
05/09/2025 05/09/25 For Sale $185,000 -77.3% $86 / Sq Ft
05/09/2025 05/09/25 For Sale $815,000 -67.4% $101 / Sq Ft
05/09/2025 05/09/25 For Sale $2,499,900 -- $119 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $323,932 Advantage Title & Closing Serv
Deed $335,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $284,750 Commercial
Source: Public Records

Source: Metro MLS

MLS Number: 1916847

Metro MLS

APN: 85-4-119-211-3525